Come to know about the capabilities of Dynamics 365 Business Central for Manufacturing.
Successful manufacturers should have agile shop floors, be able to trade efficiently across multiple channels, and maintain up-to-date inventory and warehouse movement control while delivering on time and in full, all while providing faultless customer service. Using multiple, disparate departmental systems, error-prone spreadsheets, or paper-based processes will no longer suffice! With Dynamics 365 Business Central, you can switch to an integrated solution for order management, finance, production, distribution, and service. Business Central for Manufacturing (formerly Dynamics NAV) includes robust manufacturing functionality that allows you to manage your operations throughout the entire production, vendor management, inventory control, and sales cycles. Use basic manufacturing, agile manufacturing, supply planning, and capacity planning to automate your manufacturing processes.
Why is Business Central well-suited to the manufacturing industry?
It is critical to use an up-to-date business management solution capable of overcoming modern challenges.
Microsoft Dynamics 365 Business Central streamlines processes, allows for accurate forecasting of customer demands, and aids in business growth. It consolidates data from Financials, Sales, Services, Projects, Supply Chain, Warehousing, Manufacturing, and Distribution into a single application. This solution combines Office 365 productivity, Power Platform data connectivity and business intelligence, and Microsoft Azure security.
You can also select any type of deployment that best suits your needs, such as on-premises, SAAS (Software as a Service), cloud, or hybrid.
Who is it intended for?
Business Central for Manufacturing is the best solution for manufacturers who need comprehensive manufacturing and supply chain management capabilities. Business Central provides you with complete inventory visibility—from the moment a customer places an order, through production and fulfilment, and all the way to the end of the cash cycle.
Some of the advantages of Microsoft Dynamics 365 Business Central are as follows:
- flexibility while preserving business expansion: On any platform, Business Central performs admirably. It is accessible on Windows, iOS, and Android devices, as well as desktop, tablet, and mobile devices that are on-premises or in the cloud. Additionally, you can add purpose-driven extensions to your solution in accordance with your industry vertical by purchasing them from the Microsoft App Source business applications marketplace. Additionally, you can modify the software to meet your needs.
- Speeding up the sales cycle: Throughout your sales cycle, you can keep track of customer interactions and receive advice on the best upsell, cross-sell, and renewal opportunities. Business Central also can track customer agreements, which allows users to quickly access information on costs, special offers, delivery schedules, product availability, and fulfilment progress, further enhancing cash flow management.
- Analysis of production overhead costs: Business Central executes the manufacturing process as planned even in challenging environments. A bill of materials that makes up a finished good or kit is defined as raw materials, subassemblies, or resources. During the assembly-to-order process, it takes note of special requirements in a bill of materials and directly references the quote and sales order. Additionally, it tracks output and consumption across numerous bills of materials and routes and reconciles scrap or output and consumption deviations. All of these different factors assist a manufacturer in tracking the accurate cost of their goods, taking into account all overhead, which then allows for an analysis of various cost variables like labor costs, raw material costs, packaging costs, freight costs, and many others. This further enables the manufacturer to assess the potential for cost-saving measures while maintaining product quality and selling the product at competitive prices.
- Driven by Supply Chain Optimization: Enhance relationships with suppliers, order the best offers, and make sure that internal and external policies are being followed through process governance and approvals. Additionally, Business Central offers a thorough view of your inventory, assisting you in planning stock replenishment.
- Simplifying financial management process: Business Central manages your cash flow, fixed assets, budgeting, and project costs more effectively by taking control of your financial data. It supports multiple currencies, exchange rates, and regional tax laws in terms of expanding the global market. The ability to connect reports, charts, and Power BI data from the accounting, sales, purchasing, and stock teams is crucial because it allows you to gain accurate insights and confidently make financial decisions.
What exactly are the Business Central Manufacturing Features?
- Material production bill: Make material bills and calculate standard costs. Multiple versions are possible (revisions).
- Orders for production: Create and manage production orders, as well as post consumption and output to them. You can calculate net requirements based on a production order after you’ve created one. See the estimated and actual costs at the end.
- Elementary supply planning: With support for master production scheduling and material requirements planning, plan your material requirements based on demand. Utilize the planning worksheet to suggest production and purchase orders and quickly create any necessary orders.
- Demand projection: Control item-based demand forecasting. Forecasts of demand (sales) for goods and components could be entered more easily (daily, monthly, quarterly).
- Forecasting sales and inventory: To gain insightful knowledge about potential sales and a comprehensive picture of anticipated stock-outs, use the Sales and Inventory Forecast extension.
- Capacity forecasting: Increase production process capacities (work centers or machine centers). Create routings, then use them to plan your material requirements and on production orders. View the task list and loads for the capacities.
- A finite load: Manage the finite loading of resources with capacity constraints, taking these constraints into account to ensure that no more work is assigned to a work center than the capacities can reasonably be expected to complete in a given amount of time.
- Structure of the item: All BOM (Bill of Materials) and routing levels are displayed in an easy-to-read tree view from the item card view, with or without costs.
- Agile manufacturing: The systems of Business Central work together to enable manufacturers to maintain flexibility and adjust to shifting customer needs.
Are you Interested in Dynamics 365 Business Central?
Get in touch with Gem Dynamics 365 to learn more about Microsoft Dynamics 365 Business Central if you work in the manufacturing sector and want to know more about a business system that provides real-time data you can finally rely on.
